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Opus Development Corporation Announces Lease of an Industrial Facility to Electrolux

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CHICAGO, Ill. - Opus Development Corporation announced today that a long-term lease agreement has been signed with Electrolux Home Products, Inc. for 495,454-square-feet of space in Minooka Ridge II, located in the I-80 corridor at 801 Midpoint Road, Minooka, Ill.

Electrolux will lease approximately 50 percent of the 965,000-square-foot building, completed in 2008, and is slated to move into the facility in this month. A leader in household and professional appliances, the company will move its home products group to Minooka Ridge II.

“We are very pleased to have another strong tenant in the Minooka Ridge Business Park,” said Mike Yungerman, vice president, real estate development for Opus Development Corporation. “We look forward to Electrolux being up and operational over the next few weeks.”

Electrolux was represented by Chris Wood, Anthony Burns and Jordan Decker of Equis and the building owner was represented by Jim Estus of Colliers International.

About The Opus GroupThe Opus Group™ is a family of national commercial real estate companies headquartered in Minneapolis, with expertise in development, project management and construction, architecture and engineering, finance, sales and leasing. The Opus Group includes Opus Holding, L.L.C. and Opus Holding, Inc. and their operating subsidiaries, Opus Development Corporation, Opus Design Build, L.L.C. and Opus AE Group, Inc. Specializing in office, industrial, retail, residential living, institutional and government projects, The Opus Group has broad capabilities, deep experience and a proven design-build model that delivers solutions for customers on time and on budget. For more information, visit www.opus-group.com.